How to earn Delta miles by paying your taxes

There are many ways to earn miles and points for paying things that you would not otherwise earn miles for, such as paying your mortgage, student loans, utilities and taxes. We will cover most of these in the future, but now that 2013 is coming up and most people start planning their 2013 tax strategy, there is a simple way you can earn miles for paying your federal taxes online. Most payment services charge high fees for using a credit card, which negates the value of the miles earned, but debit card payments are a different story, as some merchants such as www.payUSAtax.com charge a flat fee of $3.49 per debit card payment, which makes this a very inexpensive option to rack up miles when paying your taxes.

SunTrust is currently the only reputable bank that has a decent miles earning debit card. Even though the $75 annual fee is not waived, the card offers 5,000 Delta Skymiles when you first use the card, and then 1 Delta mile per dollar spent. You can get this offer at www.suntrust.com/skymiles. There are some minimum balance requirements in order to avoid the checking account monthly fee, so this offer is not for everyone and it is only available in states where SunTrust has a branch, but paying your taxes online using this debit card can net a nice chunk of miles you might not otherwise earn if you pay your taxes directly from your paycheck.

For the year 2013, I plan on making all my federal tax payments myself instead of through payroll deductions to earn miles using this method. Of course, you should always evaluate your own situation and consult with your tax accountant if you use one to determine if you should take advantage of this deal, as it requires some tax planning and self-discipline**.

 

 

**Disclaimer:

The information on this website should not be used in any actual transaction without the advice and guidance of a professional tax adviser who is familiar with all the relevant facts.

Although the information contained here is presented in good faith and believed to be correct, it is general in nature and is not intended as tax advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters.

FreeTravelGuys.com assumes no obligation to inform any person of any changes in the tax law or other factors that could affect the information contained herein. 

IRS Circular 230 Disclosure

Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.

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